The decision to locate the Depository Trust and Clearing Corporation’s Southern Business Center in Tampa is a study in the convergence of national security, a financial services mission-critical operation’s business continuity strategy, and Florida’s economic development target industry cluster strategy…Click to read more

Central Florida is becoming a global financial center as clusters of financial software and accounting operations firms have swarmed in…Click to read more

It’s a big world out there, but not nearly as big as it used to be.
You can buy a Starbucks latte in Dubai and a Big Mac in Dublin. Companies looking to expand or move can expect tax refunds and other government incentives no matter where they go. Every economic development office on the planet […]

What’s the difference between a call center and a customer contact center?
About $10,000 to $20,000 a job, along with a greater expectation of sustainability.
That’s good news for Jacksonville. The area’s reputation as a call center mecca, developed in the early 1980s, has evolved. That evolution brought about better salaries and, I hope, longer-term jobs.
Last […]

They’re back.
Taxpayer-financed incentives, that is.
In case you missed the announcement last week, the city is planning to give $1.7 million of your money to Boston-based Fidelity Investments.
This is a privately held financial services provider not to be confused with the other Fidelity in town, which, by the way, has sucked up its share of incentives […]

TAMPA - The man who helped bring financial services to the area en masse talks about the next steps in the process.
In 2000, Irv Cohen helped move JPMorgan Chase’s Treasury Technologies unit to Tampa, bringing 500 New Yorkers who were joined by 1,000 local hires.
Cohen immediately became involved in promoting a financial services cluster in […]

Companies find the same business climate that woos tourists and retirees to Florida provides safety and support for mission-critical operations.
It’s safe to say that few people on the planet shoulder as much responsibility as Anthony Savarese when it comes to managing mission-critical facilities.
As managing director of corporate services for New York-based Depository Trust & […]

Financial Services Companies Join Forces To Try To Lure Competitors, Jobs To Area.
TAMPA - Most business people would shudder at the thought of competitors coming to town. Irv Cohen and some of his peers want to roll out the red carpet.
Cohen, president of JPMorgan Treasury Technologies Corp., hopes other financial services companies such as […]